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20121210
20121210
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, i hope you have not given it away. >> not at all. >> ok. pat and bob had graciously let us use their space. as we are moving offices, i have come upon some newspapers. where are you, sharon? god bless sharon from alaska. [applause] for those of you who are not clapping, the reason people are clapping is because sharon kept jack kemp out of a lot of trouble. [applause] i think sharon packed away these newspapers from 1980 one and heard marco mentioned the economic recovery act of 1981. there is a story behind it. the kemp history has collected much of the story, but "the washington post" saved by sharon alaska -- i got incredibly distracted by all of the cool stuff. i come upon these stories. one is from july 25, 1981. about president reagan going on to the hill to pitch his bill. the next is from july 30, 1981. this feels kind of awkward. there are two stories here. both of them have dad's picture on the front. the second expands the story of how the legislation passed. some of you know the history better than me, but asked legislation is not always pretty. and this country whe
was senator bob corker. here is what he had to say. [video clip] >> realizing that we do not have a lot of cards when it comes to the tax issue before the end of the year. it will leave the presidency and the senate in the hands of the democrats. many people are putting forward a theory that has merit where you go against the president with a 2% increase on the top 2%. all of a sudden the shift goes back to entitlements. all of a sudden once you give him that tax rate, lesser that what he has been talking about, the focus shifts to entitlements and puts us in a place where we can actually do something to save this nation. i am actually beginning to believe that that is the best route for us to take. host: senator corker, saying that there are more republicans willing to do that. you heard him lay out the strategy there. lots of debate in washington about who should give and how much. we are asking you to weigh in on that conversation and tell us what you are willing to sacrifice. this comes from a piece from a few days ago, from "national journal magazine." it is about americans not wil
directly to their members. to avoid this sequestration. >> bob sam mills from "the washington post." i think the proposals of the administration are to reduce the marine corps by 20,000 and the army by 80,000 from their peaks. there is much speculation that further cuts in the pentagon budget would lead to additional cuts in the army and the marines. if the united states was put in a position where it had to occupy and protect the oil fields of the persian gulf for an extended period of time, five or six years, are those forces adequate to do the job? >> one of the reasons i was able to get through the chairman is i try not to speculate too much on hypotheticals. the reductions in both the army and the marine corps have been in the budget now -- they have been on the hill, the beginnings of them, have been on the hill for the better part of the year. they are reductions both chiefs of the services and the chairman support. clearly, and i did as well, when i was chairman over a year ago. there was a need to come down. there was an expectation to do that as we move from what was a couple
communicators." >> we just saw pennsylvania senator bob casey. >> the committee will come to order. we want to thank everyone for being here today. i did not have a chance to personally greet our witnesses, but i will have time to do that later. i want to thank both of our witnesses for being here. i will have an opening statement that i will make, and then i will turn it to dr. burgess. i know that vice chairman brady will be her as well. we know the challenges that we confront here in congress on a whole range of issues, which are sometimes broadly described under the umbrella of the terminology, fiscal cliff. when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, haltin
Search Results 0 to 3 of about 4